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REGISTERED NUMBER: 07854789 (England and Wales)















Unaudited Financial Statements

for the Year Ended

30 November 2023

for

Reed Property Investment Limited

Reed Property Investment Limited (Registered number: 07854789)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Reed Property Investment Limited

Company Information
for the Year Ended 30 November 2023







DIRECTOR: A Brown





REGISTERED OFFICE: The Old Bakehouse
Course Road
Ascot
Berkshire
SL5 7HL





REGISTERED NUMBER: 07854789 (England and Wales)





ACCOUNTANTS: Jacksons Accountants (Ascot) Limited
The Old Bakehouse
Course Road
Ascot
Berkshire
SL5 7HL

Reed Property Investment Limited (Registered number: 07854789)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 130,000 362,000

CURRENT ASSETS
Debtors 5 1,051 1,072
Cash at bank 159,000 2,061
160,051 3,133
CREDITORS
Amounts falling due within one year 6 20,322 3,662
NET CURRENT ASSETS/(LIABILITIES) 139,729 (529 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

269,729

361,471

CREDITORS
Amounts falling due after more than one
year

7

(114,091

)

(177,460

)

PROVISIONS FOR LIABILITIES (1,010 ) (19,066 )
NET ASSETS 154,628 164,945

CAPITAL AND RESERVES
Called up share capital 150 150
Fair value reserve 8 13,756 109,521
Retained earnings 140,722 55,274
SHAREHOLDERS' FUNDS 154,628 164,945

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Reed Property Investment Limited (Registered number: 07854789)

Balance Sheet - continued
30 November 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 February 2024 and were signed by:





A Brown - Director


Reed Property Investment Limited (Registered number: 07854789)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Reed Property Investment Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover represents the invoiced value of rents receivable.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2022 362,000
Disposals (217,000 )
Revaluations (15,000 )
At 30 November 2023 130,000
NET BOOK VALUE
At 30 November 2023 130,000
At 30 November 2022 362,000

Fair value at 30 November 2023 is represented by:
£   
Valuation in 2018 19,766
Valuation in 2020 10,000
Valuation in 2023 (15,000 )
Cost 115,234
130,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Other debtors 930 969
Prepayments and accrued income 121 103
1,051 1,072

Reed Property Investment Limited (Registered number: 07854789)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Corporation tax 18,092 1,622
Other creditors 930 930
Accruals and deferred income 1,300 1,110
20,322 3,662

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 30.11.22
£    £   
Director's current account 114,091 177,460

8. RESERVES
Fair
value
reserve
£   
At 1 December 2022 109,521
Revaluation (15,000 )
Disposals (98,821 )
Deferred tax 18,056

At 30 November 2023 13,756